secwatch.observer — SEC 8-K summary
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Issuer:     ARGAN INC (AGX)
CIK:        0000100591
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001104659-25-104398
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Argan subsidiary receives full NTP on $1.35B EPC contract for 1,350 MW Texas plant
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- Gemma Power Systems to build CPV Basin Ranch Energy Center, a 1,350 MW combined-cycle plant in Ward County, TX.
- Full notice to proceed received; contract value will be added to Q3 backlog ending October 31, 2025.
- Plant features GE 7HA.03 turbines with optional carbon capture; completion expected in 2028.
- Construction begins this fall; expected to create thousands of jobs and power 850,000 West Texas homes.
- POWER Engineers selected for detailed engineering; CPV is the developer and customer.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100591/000110465925104398/0001104659-25-104398-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100591/000110465925104398/agx-20251030x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-104398

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